VS
When evaluating costs, ETP features a management fee (MER) of 0.41%, compared to 0.65% for UMAX. Performance-wise, ETP has returned 4.22% year-to-date with -$8 M in net flows, whereas UMAX is at 9.51% with +$474 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ETP
UMAX
| AuM | $7.44 M | $1,474.05 M |
| Management Fees | 0.41% | 0.65% |
| Exp. ratio | 0.85% | 0.77% |
| Tracking Difference | -0.89% | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ETP | +0.78% | -1.17% | +4.22% | +4.21% | +33.47% |
UMAX | +7.65% | +2.03% | +9.51% | +9.43% | +33.15% | |
| Flows | ETP | -$7 M | -$7 M | -$8 M | -$23 M | -$12 M |
UMAX | -$26 M | +$38 M | +$474 M | +$539 M | +$1,436 M |
ETP vs UMAX exposure
Countries
ETP
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
ETP
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of November 11, 2026
Top 10 Holdings
ETP
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
ETP
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
ETP
UMAX
| Provider | First Trust | Hamilton ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | NASDAQ Global Risk Managed Income Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.50% | 13.96% |
| Meets ESG criteria | No | No |
| Inception Date | July 23, 2014 | June 14, 2023 |
Frequently asked questions about ETP and UMAX
Which ETF has performed better year to date: ETP or UMAX?
As of November 11, 2026, ETP has returned 4.22% year to date, while UMAX has returned 9.51%. UMAX is ahead on YTD performance.
Which ETF is larger by assets under management: ETP or UMAX?
As of November 11, 2026, ETP manages $7.44 M in assets, while UMAX manages $1.47 B. UMAX is the larger fund by AUM.
How are ETP and UMAX managed?
ETP is passively managed by First Trust. It tracks the NASDAQ Global Risk Managed Income Total Return Index - CAD benchmark. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ETP or UMAX?
Year to date, ETP has seen -$8.35 M in net flows, compared with +$473.85 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of ETP and UMAX compare?
ETP has an expense ratio of 0.85%, while UMAX has an expense ratio of 0.77%.
Recent articles about ETP and UMAX
Yield-focused ETFs and the Benefit They Can Provide Investors
ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
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